Outstanding Recoveries
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Verdicts & Settlements
Since Milberg’s founding in 1965, the firm has recovered more than $50 billion for our clients while prompting meaningful changes in corporate governance.
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See More$600 Million Settlement – Lucent Technologies, Inc. Securities Litigation
In re Lucent Technologies, Inc. Securities Litigation, No. 00-621 (D.N.J.)Milberg served as Co-Lead Counsel in this securities action, which alleged that Lucent and its senior officers misrepresented the demand for Lucent products and improperly recognized hundreds of millions of dollars in revenues. The case settled for $600 million. -
See More$7.5 Million Settlement – Meritage Homes of the Carolinas, Inc. v. Town of Holly Springs
Meritage Homes of the Carolinas, Inc. v. Town of Holly Springs, Wake Co. File No. 20-CVS-14511 (NC)$7.5 million class settlement on behalf of developers for illegal recreation fees in lieu of land dedication. -
See More$3.2 Billion Settlement – Tyco International Securities Litigation
In re Tyco International Ltd., Securities Litigation, MDL 1335 (D.N.H.)Milberg served as Co-Lead Counsel in this litigation, which involved federal securities claims against Tyco and its former CEO, CFO, general counsel, and certain former directors arising out of alleged insider trading and the overstatement of billions of dollars in income. In 2007, the court approved a $3.2 billion settlement. -
See More$15.25 Million Settlement – Plantation Building of Wilmington, Inc. v. Brunswick County
Plantation Building of Wilmington, Inc. v. Brunswick County, Brunswick Co. File No. 19-CVS-647 (NC)$15.25 million class settlement on behalf of developers and home builders for illegally charged water and sewer capital recovery fees. -
See More$500 Million Settlement – Managed Care Litigation
In re Managed Care Litigation, MDL 1334 (S.D. Fla.)This litigation involved a series of lawsuits by physicians and medical associations alleging that the defendant insurers engaged in a scheme to obstruct, reduce, delay, and deny payments and reimbursements to health care providers. The court approved a similar settlement between a nationwide class of physicians and defendant CIGNA Healthcare valued in excess of $500 million. The settlements produced sweeping changes in the health care industry.
